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FUNDRAISING GUIDE

Fundraising in Switzerland

Deep tech and life sciences with elite university spinouts

Switzerland has one of the most research-intensive startup ecosystems in Europe, anchored by ETH Zurich and EPFL. The country excels in deep tech, medtech, biotech, and fintech, with Zurich and Basel as the primary hubs. High capital availability, political stability, and proximity to major pharma and financial institutions make it a strong base for science-driven startups.

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Ecosystem highlights

ETH Zurich and EPFL spinouts

Two of the world's top technical universities generate a consistent pipeline of deep tech spinouts, many of which attract institutional VC from day one.

Strong medtech and biotech sector

Proximity to pharma giants Roche and Novartis, and a dense network of CROs and medical device companies, creates a supportive environment for life science startups.

Innosuisse national funding

The Swiss innovation agency co-funds R&D projects between startups and research institutions, covering up to 50% of project costs without dilution.

Access to global capital

Zurich's financial center and Switzerland's reputation for stability attract family offices, international VCs, and corporate venture arms with significant dry powder.

Fundraising tips

  • Apply for Innosuisse funding early. Co-innovation projects with a Swiss research partner are a credible proof point for investors.
  • Swiss investors conduct thorough due diligence, often longer than the European average. Build timelines accordingly.
  • Life science and deep tech startups should engage ETH Zurich's Pioneer Fellowship or EPFL's Innogrant programs before seeking institutional capital.
  • The domestic market is small but wealthy. Use Switzerland as a premium pilot market and show international expansion plans from the outset.
  • Joining a Swiss accelerator such as mass challenge Switzerland significantly increases visibility with local and international investors.

Average round sizes in Switzerland

Pre-seed€200k – €750k
Seed€1M – €4M
Series A€5M – €20M
Series B€20M – €60M

Cultural notes for fundraising

  • 1Switzerland has four official languages. Business in Zurich runs in German; in Geneva and Lausanne, in French. Knowing which region you're in matters.
  • 2Swiss investors value precision and understatement. Overpromising is viewed with suspicion.
  • 3Consensus-building is part of the culture. Decisions often involve multiple stakeholders and take more time than expected.
  • 4Punctuality is non-negotiable. Arriving late to a meeting is considered disrespectful and signals poor execution ability.

Key programs and resources

  • InnosuisseSwiss innovation agency co-funding R&D projects between startups and academic institutions, without equity dilution.
  • Pioneer Fellowship (ETH Zurich)Competitive 12-month program for ETH spinouts providing funding, coaching, and lab access to commercialize research.
  • MassChallenge SwitzerlandZero-equity accelerator in Basel and Lausanne connecting startups with corporate partners and investors.
  • Switzerland Innovation ParksNational network of innovation parks co-located with universities, offering subsidized space and access to research infrastructure.

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